Harmony Cumulative CD is another type of long term savings, where you can deposits funds and receive the accumulated interest calculated during the CD duration as well as the principle amount at maturity.
- Enjoy a higher interest rate.
- Obtain credit facilities against the balance of the Harmony Cumulative CD that could reach up to 90% of the CD amount.
- There are no limitations on the maximum amount of the CD nor on the number of CDs the customer can own.
- Harmony Cumulative CD can be issued in favor of others even minors.
- Harmony Cumulative CD can be refunded at any time (after Semi annually from issuance date) from any of the branches according to the breaking schedule published.
- Duration 5, 6, 7 or 8 years.
- Issued in Egyptian Pound only.
- The interest is calculated next to the issuance date and paid with the principle at maturity.
- The interest payment is at maturity for all the Cumulative CDs durations.
For further information, please visit the nearest branch or contact 19700